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A Withdrawal Benefit Rider From National Western Life For Agent Use Only.

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Presentation on theme: "A Withdrawal Benefit Rider From National Western Life For Agent Use Only."— Presentation transcript:

1 A Withdrawal Benefit Rider From National Western Life For Agent Use Only

2 The “Outlook” is for “Income” Only 21% of Private Industry Workers Have Defined Benefit Plans 51% of Those 50 and Older Worry That They Will Outlive Their Savings 21% of Recent Retirees Were Forced Back To The Job Market!

3 The “Outlook” is for “Income” Social SecuritySolvency Risk Equities Market Risk Withdrawal Risk Variable Annuities with Living Benefits Market Risk Fee Erosion Fixed Annuities With Living Benefits Guarantees & Safety!

4 What Do Clients Want? Customers Control Flexibility Customization Choice Certainty Safety

5 What Do Clients NEED? CustomersNWL ® ’s Income Outlook Control Flexibility Customization Choice Certainty Safety

6 What Do Clients Want? Annuity or Annuity With Income Plan!

7 Income Outlook A Guaranteed Withdrawal Benefit Rider that is… A Guaranteed Income Plan!

8 Income Outlook Guaranteed Payments for Life No Annuitization Required 5% Interest Rate on the Accumulation Period Withdrawal Payment Base Rider Charge of 35 Basis Points… Only when the Account Value Increased!

9 Annuitization Versus Withdrawals AnnuitizationWithdrawal Irrevocable Flexible Limited Control Set Interest Rate More Control Potential for greater growth

10 Income Outlook Rider Charge Accumulation Phase Restart Option Withdrawal Phase

11 Income Outlook – Rider Charge 35 Basis Points -.35% Guaranteed For at least 5 Years Never Greater than 100 Basis Points – 1% Made Each Policy Anniversary Lesser of 35 Bps or Interest Credit No Interest Credit = No Charge!

12 Income Outlook – Accumulation Payment Base equals Premium Paid…Plus Bonus! Account Value equals Premium Paid…Plus Bonus! 5% interest on Accumulation Period Withdrawal Payment Base As Payment Base Grows, So Does potential Withdrawal Payments

13 Income Outlook - Restart Accumulation Period Can Restart…After 5 th Policy YEAR Accumulation Period Withdrawal Payment Base will be Account Value… If Greater! Rider Charge May Change… But Never Greater than 1%

14 Income Outlook - Withdrawal Must Be Age 60 or Older Can Begin Year 2 Guarantees a Withdrawal % and Value Will “Step Up” to Account Value each Policy Anniversary if Greater Rewards Waiting Can Stop and Start

15 Guaranteed Withdrawal Percentages The Guaranteed Withdrawal Percentage is based on your age on the policy anniversary that you begin Withdrawal Payments. SINGLE ANNUITANT AgePercentageAgePercentageAgePercentage 605.0%706.0%807.0% 615.1%716.1%817.1% 625.2%726.2%827.2% 635.3%736.3%837.3% 645.4%746.4%847.4% 655.5%756.5%857.5% 665.6%766.6%867.6% 675.7%776.7%877.7% 685.8%786.8%887.8% 695.9%796.9%897.9% 908.0%

16 $100,000 Premium Guaranteed Annual Lifetime Withdrawal Payments Number of Full Years of Accumulation before Withdrawal Payments Begin Issue AgesIssue Ages 60 $5,355$5,733$6,135$6,564$7,020$7,505$8,020$8,569$9,153$9, $5,880$6,284$6,714$7,171$7,658$8,175$8,724$9,308$9,929$10, $6,405$6,836$7,293$7,779$8,296$8,845$9,428$10,047$10,704$11, $6,930$7,387$7,872$8,387$8,934$9,515$10,131$10,785$11,480$12, $7,455$7,938$8,451$8,995$9,572$10,185$10,835$11,524$12,255$13,031

17 THE INVESTMENT WORLD Numerous Studies have shown that the withdrawal rate that would survive any 30 year period is …4%. Motley Fool 2006

18 Withdrawal %: Let’s Compare AGETHEMNWL ® 604%5% 654%5.5% 704%6% 754%6.5%

19 Income Outlook: Real Value AgeDeposit Maximum Guaranteed Withdrawal Payment after 10 years assuming no Withdrawals have been taken 70 M$100,000$9, F$100,000$9, M$100,000$10, F$100,000$10,558

20 Building A Better Annuity *Varies by State Safety of Savings Tax Deferral Minimum Guaranteed Interest Creditor Protection* No Probate*

21 Building A Better Annuity Liquidity: 10% Withdrawals and Riders *Varies by State Safety of Savings Tax Deferral Minimum Guaranteed Interest Creditor Protection* No Probate*

22 Building A Better Annuity *Varies by State Accumulation Growth Liquidity: 10% Withdrawals and Riders Safety of Savings Tax Deferral Minimum Guaranteed Interest Creditor Protection* No Probate*

23 Building A Better Annuity *Varies by State Safety of Savings Creditor Protection* No Probate* Tax Deferral Minimum Guaranteed Interest Accumulation Growth Payment Base 5% Liquidity: 10% Withdrawals and Riders

24 Building A Better Annuity *Varies by State Accumulation Growth Surrender Value Death Benefit Value Annuitization Value Annuitization terminates rider Creditor Protection* No Probate* Tax Deferral Payment Base 5% Liquidity: 10% Withdrawals and Riders Safety of Savings Minimum Guaranteed Interest

25 Building A Better Annuity *Varies by State Surrender Value Death Benefit Value Annuitization Value Guaranteed Withdrawal Value! Accumulation Growth Creditor Protection* No Probate* Tax Deferral Liquidity: 10% Withdrawals and Riders Safety of Savings Minimum Guaranteed Interest Payment Base 5%

26 Income Outlook: Concepts Longevity Insurance Customized Income Plan

27 Income Outlook: Concepts You Want Your Savings To Provide A Predictable, Guaranteed and Safe Income: What would your CPA say? What would your Banker say? What would your Broker say? You Have the Answer: Income Outlook

28 Income Outlook: Resources Income Calculator Life Expectancy Calculators Disclosure & Charts

29 Generating Income In a Low-Yield Era For some investors, it’s all about the yield – especially with the stock market’s wobbly performance in recent days. With everything from long term Treasury bonds to dividend- paying stocks offering relatively low payouts, a growing number of people are pursuing aggressive new strategies to generate income. Source: Wall Street Journal


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